The National Association of REALTORS®’ settlement resolving antitrust claims brought against NAR and others in the Sitzer/Burnett case has been granted final approval. The court heard from all parties as well as objectors and the Department of Justice. Once arguments concluded, the court quickly ruled to grant final approval. The court is expected to soon issue a formal written order.

NAR’s class-action settlement was granted court approval Tuesday, securing a release of  liability for over 1.4 million NAR members, all state/territorial and local REALTOR® associations, REALTOR® multiple listing services (MLSs), NAR’s affiliate organizations and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below. The settlement also releases MLSs and brokerages that chose to opt-in to the agreement.  

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